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April 2015

Infrastructure & Mixed Use

A

ccording to PamGolding Group

Chief Executive, Dr Andrew

Golding, “This development is

bold in its conception and will offer a

sophisticated urban-green lifestyle.

Residents of Park Central will not

only appreciate the magnificent sky

gardens, manicured parks and roof

gardens, but will also enjoy easy

access to a host of facilities. The

homes will offer a wholly distinctive

Johannesburg living experience and

a unique investment opportunity.”

Park Central one and twobedroom

apartments and three bedroom

penthouse units will be sold off-plan

and are priced from R1,75 million for

an entry-level apartment. Golding

says that the development is due for

completion by November 2018.

This is an indication of just how

much confidence Redefine Proper-

ties, which is the second largest

listed South African-based property

company, has in the future of the

Rosebank precinct.

“There has been an ever-growing

demand for secure, upmarket sec-

tional title residential property in the

area in recent years,” he adds.

“The fact that Park Central will be

situated in central Rosebank in close

proximity to the Gautrain Station,

Rosebank Mall as well as a number of

office parks, company headquarters

and other commercial facilities, will

only assist to stimulate demand.”

he says.

Dewald Veldsman of Paragon

Architects says the building will form

part of an integrated urban precinct,

with a vision to include pedestrian

links via the parks to the Gautrain

Station through to the Rosebank

Mall to assist residents to achieve a

integrated lifestyle.

The design is strongly influenced

by French-Swiss architect Le Cor-

busier who between 1931 and 1933,

developed the concept of ‘The Radi-

ant City’. Le Corbusier suggested that

city planning and building design

should always consider the sun, sky,

trees, steel and cement in that order

of importance. A great deal of atten-

tion has been paid to environmental

factors with regards to the design of

Park Central, as well as in the design

of the individual units.

Some of the design elements in

Park Central include sky gardens or

vertical forests that offer a means

to bring green living to high-density

design.

Veldman says that the building is

designed to be climate responsive

and achieve maximum use of light

and energy sources. Glazing will also

be designed to take climate and con-

text into consideration and reduce

the need for energy to warm or cool

the apartments. The building will

also employ alternative power sup-

plies such as gas to reduce electricity

consumption and reduce reliance on

the power grid.

“These homes have broad ap-

peal as is evidenced by the fact that

executives, business commuters,

single professionals and couples have

all already shown an interest in Park

Central,” adds Strauss.

“We have also received a number

of enquiries from international inves-

tors, as well as from other countries

in Africa.”

Strauss says that rental market

in Rosebank is benefitting from the

shortage of quality of accommoda-

tion that is currently available in the

area.

He adds that the fact that Rose-

bank is not only a vibrant commercial

area in itself, but is also situated close

to Sandton, the financial capital of

the African continent, only adds to

the demand for homes in the area.

Rosebank’s new high rise

Park Central is a multi-million rand, high-rise residential

apartment block being developed on the corner of Baker

Street andKeyes Avenue inRosebank. TheRedefineProperties

development, well-located in one of Johannesburg’s most

dynamic and rapidly developing growth nodes, will roll out

445 urban green lifestyle apartments.